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BitFuFu Reports 214 BTC Output, Trims Holdings to 1,794 BTC

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TLDR

  • BitFuFu produced 214 BTC in March while selling 80 BTC from its treasury.
  • The company’s Bitcoin holdings declined to 1,794 BTC valued at nearly $131 million.
  • Previous holdings peaked at 1,959 BTC in October 2025 before decreasing.
  • Hashrate dropped to 25.9 EH/s, and power capacity declined to 457 MW.
  • Cloud mining contributed 171 BTC, supporting overall production stability.

A Nasdaq-listed Bitcoin miner reported lower holdings after selling part of its treasury while maintaining steady production. The firm produced 214 BTC in March and sold 80 BTC during the same period. Its total Bitcoin balance now stands at 1,794 BTC, valued near $131 million at current prices.

BitFuFu Trims Holdings While Maintaining Production

BitFuFu confirmed it produced 214 BTC in March while selling 80 BTC from reserves. The company stated that the sale aligns with its balance sheet management approach and liquidity planning.

The firm reported total holdings of 1,794 BTC after the sale, reflecting a decline from earlier levels. It had previously disclosed 1,664 BTC in late 2024 before reaching 1,959 BTC in October 2025.

Chief executive Leo Lu addressed the change and linked it to internal strategy decisions. He said the company continues to target long-term growth in Bitcoin reserves.

Lu stated, “The sale supports our balance sheet strategy while we maintain our long-term objective of increasing Bitcoin holdings.” The company emphasized that treasury adjustments follow routine financial planning.

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Operations Show Stable Output Despite Lower Capacity

BitFuFu reported a slight drop in total hashrate to 25.9 EH/s during March operations. Power capacity also declined to 457 MW as older mining rigs were phased out.

The company stated that performance remained stable despite reduced capacity levels. It explained that equipment updates aim to improve long-term efficiency.

Cloud mining contributed 171 BTC to the total monthly production figure. This segment continues to form a large portion of the company’s output.

The firm said its platform adapts to changes in network difficulty and Bitcoin price movements. It added that system flexibility supports consistent production results.

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Lu explained that hardware upgrades will occur over time to improve efficiency levels. He said new machines will replace older units in a phased manner.

He also stated that changes in hashrate from external partners remained within normal operating ranges. The company confirmed that these shifts did not disrupt overall output stability.

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Crypto World

Optimism Enables Agents, DApps to Request Wallet Execution Permissions on OP Mainnet

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Optimism Enables Agents, DApps to Request Wallet Execution Permissions on OP Mainnet

MetaMask now supports the ERC-7715 standard, allowing agents and dApps to request execution permissions on OP Mainnet.

Optimism announced that agents and decentralized applications can now request wallet execution permissions on OP Mainnet, with MetaMask enabling builders to request these permissions using the ERC-7715 standard. The update unlocks new permission models for dApps and agents operating on the Optimism network.

ERC-7715 is a token standard for permission-based execution, allowing for more granular control over what actions dApps and agents can perform with user wallets. The integration with MetaMask expands the capability of applications built on Optimism to implement sophisticated permission frameworks beyond basic transaction approval.

Sources: Optimism

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This article was generated automatically by The Defiant’s AI news system from publicly available sources.

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Bitcoin Community Weighs Reports of Hormuz Oil Tanker Fees Payable in BTC

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Dollar, Iran, Stablecoin, Bitcoin Adoption

The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait of Hormuz, a critical shipping lane through which about 20% of the global oil supply passes. 

The reactions were sparked by a Financial Times report, published on Wednesday, which said that the Iranian government was considering BTC payments for oil tolls to avoid sanctions imposed by the United States.

Several conflicting reports have been published since the Financial Times article, which suggest that the tolls are payable in stablecoins or Chinese yuan, according to Alex Thorn, the head of firmwide research at crypto investment firm Galaxy. 

Dollar, Iran, Stablecoin, Bitcoin Adoption
A map of the Strait of Hormuz. Source: Encyclopedia Britannica

BTC advocate Justin Bechler said that stablecoins can be frozen by the issuer and cited the compliance controls introduced in the GENIUS stablecoin regulatory framework as reasons why the Iranian government would not collect tolls in US-dollar stablecoins. He said:

“USDT and USDC include built-in blacklist functions at the smart contract level. When an address is flagged, the issuer can freeze the tokens, rendering them completely illiquid. The law’s enforcement depends entirely on the compliance of issuers.

Bitcoin has no issuer, no compliance officer to pressure, and no freeze function. Iran’s pivot toward Bitcoin follows directly from this structural reality,” he added. 

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If the Iranian government begins accepting BTC for oil tanker payments, it would boost Bitcoin’s credibility as a neutral settlement layer for international transactions, advocates say.

Dollar, Iran, Stablecoin, Bitcoin Adoption
Source: Jack Mallers

Related: Crypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?

Iran would likely use QR codes to collect BTC payments

Thorn estimated that each oil tanker would need to pay between $200,000 and $2 million in tolls to pass through the Strait of Hormuz.

The initial reporting from the Financial Times cited a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, who said that ships would have a “few seconds” to complete payment in BTC.

This suggests that ships would pay via the Lightning Network, a layer-2 payment solution for BTC that allows parties to send transactions in seconds, rather than waiting for the 10-minute block confirmation.

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However, the largest known transaction over the Lightning network to date has been for $1 million, Thorn said. 

“More likely, the Iranian authorities would provide a QR code or alphanumeric Bitcoin address to the ships upon approval of their requests to pass through the Strait,” he added.

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